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Guillem Balague has confirmed that Real Madrid would be willing to sell Premier League target Alvaro Morata immediately after re-signing him from Juventus.

Madrid have triggered the buy-back clause they had on the Spanish striker – which Sky Sports claims to be £24m – two years after selling him to Juve for £16m.

But Balague told Sky Sports that Chelsea and Arsenal are keen on the 23-year-old and that Real would cash in on him again to finance a summer deal for Paul Pogba.

The Juventus midfielder would cost at least €100m (£85.1m) and so Madrid are looking to recoup a massive €75m (£64.2m) from their second sale of Morata.

“Real have put a €75m price-tag on Morata, which I think is a little bit too much for certain clubs,” Balague told Sky Sports. “What’s clear, however, is both Chelsea and Arsenal are interested in the player.

“This is another transfer that will go in the ‘we will have to wait and see’ pile as it depends on many factors. If he has to leave, Morata would like to go to the Premier League.”

Arsenal are in the market for a striker after missing out on Leicester City hero Jamie Vardy, but this asking price for the Spain international could deter Arsene Wenger.

Money is likely to be less of an issue for Chelsea, and they may be tempted to spend big to give new manager Antonio Conte some competition for Diego Costa up front.